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Buying a residential unit is perhaps one of the most important decisions you will make in your lifetime, especially when it is in Mumbai. This city continues to be one of the most expensive yet sought-after destinations for buying or investing in a property. Since you will be spending a big amount, it becomes necessary to ensure that you have selected the best property that is laced with the world-class amenities.Whether you buy flat in Goregaon West or Andheri, you need to understand the various aspects involved in buying a home. Overlooking even one aspect will not prove to be a wise decision in the long run. Here are a few guidelines that can be considered when buying a home in Mumbai or any other city:It is highly recommended to make a future plan and assess your needs before you step out looking for properties. In assessment, it is necessary to take a good look at your financial goals, long term family needs and current lifestyle. You will have to decide the amount of home loan you can get from the bank.